Guide to Direct LoansMaster Promissory Note
All first-time Direct Loan borrowers are required to complete a Master Promissory Note (MPN). The MPN is a legal document in which you promise to repay your loan(s). It also explains the terms and conditions of your loan(s). In most cases, once you have submitted the MPN and it has been accepted, you won’t have to fill out a new MPN for any future student loans that you receive. In order to complete the MPN, you need to visit the Federal Student Aid web site at www.StudentLoans.gov.
MPNs need completed and signed electronically using your U.S. Department of Education Personal Identification Number (PIN). If you do not already have a PIN or have forgotten or misplaced your PIN, you can request a new or duplicate PIN at www.pin.ed.gov. The PIN serves as an identifier allowing access to personal information on various U.S. Department of Education websites.
Keep in mind that Loan Entrance Counseling is required before a student can receive their first Federal Direct Stafford Loan.
| Direct Loans for Students | Loan Entrance and Exit Counseling |
| Direct PLUS Loans for Parents | Master Promissory Note |
| Direct Loan Authorization Form Online |